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Galesburg Reporter

Thursday, November 21, 2024

Warren County residents pay $62,647 in County Sales Tax in January

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Warren County taxpayers paid $62,647 in County Sales Tax in January, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where County Sales Tax collection stood at $66,308.

Over the past 12 months, Warren County's residents have collectively paid a total of $540,845 in County Sales Tax.

The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

County Sales Tax Collected in Warren County Over Last 12 months
MonthAmount Collected% Change from Previous Month
January$62,647-5.5
December 2023$66,30811
November 2023$59,73418.4
October 2023$50,44141
September 2023$35,76313.7
August 2023$31,457-10.2
July 2023$35,043-11.7
June 2023$39,706-3.2
May 2023$41,0340.3
April 2023$40,9058.7
March 2023$37,632-6.3
February 2023$40,175-23.5

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